Oman has launched a new financial and economic framework targeting a significant reduction in its dependence on oil and gas by the year 2050. This strategic initiative reflects the Sultanate’s long-term vision to diversify its economy and strengthen sectors beyond hydrocarbons. The plan emphasizes sustainable fiscal policies, investment in non-oil industries, and structural reforms aimed at enhancing economic resilience. By setting a clear timeline, Omani authorities aim to gradually shift revenue sources toward tourism, manufacturing, logistics, and renewable energy. The framework also includes measures to improve public financial management and attract foreign capital to support this transition. Such efforts align with broader regional trends where Gulf nations are re-evaluating their economic models in anticipation of global energy shifts.
— news from ‘\”aljmhuriyah Online\”‘
— News Original —
الإطار المالي والاقتصادي..مبادرة عُمانية جديدة لتقليل الاعتماد على النفط والغاز عام 2050 الجمهورية أون لاين
الإطار المالي والاقتصادي..مبادرة عُمانية جديدة لتقليل الاعتماد على النفط والغاز عام 2050 الجمهورية أون لاين